159 Dove Springs CtConroeTX77304
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Conroe at 159 Dove Springs Ct, Conroe, TX, 77304 uses $130,939 cash to close to unlock $7,145/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $3,404/mo, and a $1,933/mo payment keeps the spread at $595/mo. Purchase price stands at $394,990, and rental yield measures 10.34% with $3,404/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $109,128 over five years. Five-year ROI reaches 133.32% and total cumulative return in cash records $174,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,404/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5,871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
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